Singapore

Securities / Derivatives

MAS, ACRA, SGX RegCo Update Guidance on Meeting Conduct

By Editors | 01/04/2020

Guidance is provided on holding general meetings in light of the current 10-person limit on attendance of any event in Singapore.

MAS Unveils Debt Relief Measures for Individuals, SMEs

By Editors | 31/03/2020

Mortgage loans and SME term loans can be deferred. Credit card balances can be converted to low-cost term loans. Insurance payments can be deferred or rescheduled.

Market Infrastructure

MAS Eases SGD Policy Amid Negative Growth Expectations

By Editors | 30/03/2020

MAS projects the ongoing wave of Covid-19 outbreaks will continue to dampen global growth beyond the first half of the year.

Enforcement

Singapore: Four Individuals Charged for Illegal Trading

By Editors | 26/03/2020

An investor used share financing facilities from two banks and third-party trading accounts procured by three brokers to manipulate the price of Sky One Holdings shares.

MAS Offers Banks US Dollar Funding

By Editors | 26/03/2020

Banks are “strongly encouraged” to avail themselves of MAS liquidity facilities so that they can better serve customers.

Market Infrastructure

Singapore Stimulus Plan to Catalyse Private Sector Loans

By Editors | 26/03/2020

MAS is working with banks and insurers to see how best to help businesses and individuals with loan obligations and insurance premium payments.

Securities / Derivatives

MAS, ACRA, SGX RegCo Set Out Expectations on Meeting Conduct

By Editors | 26/03/2020

MAS, SGX RegCo and ACRA expect all issuers to comply with the Ministry of Health’s mandatory safe distancing measures. Legislative amendments will be introduced.

Fintech / Regtech

Singapore, Australia Agree to Promote Data Connectivity, Digital Economy

By Editors | 23/03/2020

Singapore and Australia have committed to allowing financial institutions to choose where their data is stored and prohibiting data localisation, among a raft of other agreements.

Capital / Liquidity

HK, Singapore, Indonesia Assessed as NSFR, LEX Compliant

By Editors | 22/03/2020

Hong Kong, Singapore and Indonesia were assessed as compliant with global standards for the net stable funding ratio and large exposures framework.